iMetal Resources (CVE:IMR) Sets New 1-Year Low – What’s Next?

iMetal Resources Inc. (CVE:IMR) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 3000 shares trading hands. The stock had previously closed at C$0.09.

iMetal Resources Stock Performance

The stock has a market cap of C$3.63 million, a PE ratio of -0.60 and a beta of 0.84. The company has a 50 day moving average of C$0.11 and a two-hundred day moving average of C$0.16.

iMetal Resources Company Profile

iMetal Resources Inc, a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Ontario and Quebec in Canada. The company explores for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.